ESMA published the responses received to the consultation on amendments to the EMIR Clearing Obligation under the Securitization Regulation. ESMA published the responses received from six entities. The consultation was launched in May 2018 by the ESAs and comments deadline was June 15, 2018. The consultation paper on the draft regulatory technical standards on the clearing obligation clarified which arrangements under covered bonds or securitizations adequately mitigate counterparty risk and, thus, may benefit from an exemption from the clearing obligation.
Related Link: Consultation and Responses
Keywords: Europe, EU, Banking, Securities, Insurance, Regulatory Technical Standards, Securitization Regulation, EMIR, Clearing Obligation, Responses to Consultation, ESAs, ESMA
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APRA has concluded its review of the comprehensive plans of authorized deposit-taking institutions for the assessment and management of loans with repayment deferrals.
ESAs (EBA, EIOPA, and ESMA) published the first joint report that assesses risks in the financial sector since the outbreak of the COVID-19 pandemic.
BoE and HM Treasury confirmed that the COVID Corporate Financing Facility (CCFF) will close for new purchases of commercial paper, with effect from March 23, 2021.
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EC adopted a decision determining, for a limited period of time, that the regulatory framework applicable to central counterparties, or CCPs, in the UK and Northern Ireland is equivalent to the requirements laid down in the European Market Infrastructure Regulation (EMIR or Regulation 648/2012).
EBA has decided to phase out the guidelines on legislative and non-legislative moratoria of loan repayments, in accordance with the earlier specified end of September deadline.
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